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Segment Information (Tables)
 9 Months Ended
May 31, 2017
Segment Reporting [Abstract]  
Reconciliation of Revenue form Segments to Consolidated
The table below illustrates the Company’s revenues from continuing operations by reportable segment (in thousands):
 
Three Months Ended May 31,
 
Nine Months Ended May 31,
 
2017
 
2016
 
2017
 
2016
Revenues:
 
 
 
 
 
 
 
Auto and Metals Recycling:
 
 
 
 
 
 
 
Revenues
$
430,047

 
$
306,851

 
$
1,084,354

 
$
829,628

Less: Intersegment revenues
(34,923
)
 
(26,171
)
 
(83,872
)
 
(68,965
)
AMR external customer revenues
395,124

 
280,680

 
1,000,482

 
760,663

Steel Manufacturing Business:
 
 
 
 
 
 
 
Revenues
81,964

 
70,924

 
192,851

 
201,217

Total revenues
$
477,088

 
$
351,604

 
$
1,193,333

 
$
961,880
Reconciliation of Operating Income from Segments to Consolidated
The table below illustrates the reconciliation of the Company’s segment operating income to income (loss) from continuing operations before income taxes (in thousands):
 
Three Months Ended May 31,
 
Nine Months Ended May 31,
 
2017
 
2016
 
2017
 
2016
Auto and Metals Recycling
$
29,801

 
$
26,870

 
$
68,579

 
$
2,555

Steel Manufacturing Business
411

 
1,246

 
(4,416
)
 
2,799

Segment operating income
30,212

 
28,116

 
64,163

 
5,354

Restructuring charges and other exit-related activities
(93
)
 
(542
)
 
200

 
(7,758
)
Corporate and eliminations
(10,972
)
 
(12,688
)
 
(30,458
)
 
(23,813
)
Operating income (loss)
19,147

 
14,886

 
33,905

 
(26,217
)
Interest expense
(2,131
)
 
(2,905
)
 
(5,969
)
 
(6,779
)
Other income (expense), net
524

 
(81
)
 
1,318

 
763

Income (loss) from continuing operations before income taxes
$
17,540

 
$
11,900

 
$
29,254

 
$
(32,233
)
Reconciliation of Assets from Segment to Consolidated
The following is a summary of the Company’s total assets by reportable segment (in thousands):
 
May 31, 2017
 
August 31, 2016
Auto and Metals Recycling(1)
$
1,597,410

 
$
1,510,688

Steel Manufacturing Business
360,195

 
373,130

Total segment assets
1,957,605

 
1,883,818

Corporate and eliminations(2)
(1,036,380
)
 
(992,389
)
Total assets
$
921,225

 
$
891,429

_____________________________
(1)
AMR total assets include $13 million and $14 million as of May 31, 2017 and August 31, 2016, respectively, for investments in joint ventures.
(2)
The substantial majority of Corporate and eliminations total assets is comprised of Corporate intercompany payables to the Company's operating segments and intercompany eliminations.